We assign a technical rating of 10 out of 10 to FDEM. Both in the recent history as in the last year, FDEM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that FDEM is one of the better performing stocks in the market, outperforming 80% of all stocks. We also observe that the gains produced by FDEM over the past year are nicely spread over this period.
- A new 52 week high is currently being made by FDEM, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month FDEM has a been trading in the 30.68 - 33.80 range, which is quite wide. It is currently trading near the high of this range.
Although FDEM has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
23.73
We found 4 important support areas.
- A support zone ranging from 32.21 to 32.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 30.55 to 31.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.79 to 29.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.97 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FDEM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FDEM is up. |
| ChartMill Relative Strength | 80.49 | POSITIVE | FDEM has a high relative strength, it outperformed 80.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FDEM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FDEM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FDEM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.8 | OVERBOUGHT | The high RSI value suggests FDEM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests FDEM has a positive trend. |
| Stochastics (14,3) | 96.21 | OVERBOUGHT | The high Stochastics value suggests FDEM may be overbought. |
| Average True Range in percent/ATR (20) | 1.16 | LOW VOLATILITY | The low ATR as a percentage value for FDEM suggests low volalility. |
| Average Directional Index/ADX (14) | 41.49 | POSITIVE | The high ADX value value for FDEM suggests a strong trend. |
NYSEARCA:FDEM (1/28/2026, 3:46:38 PM)
34.02
+0.29 (+0.86%)
FIDELITY EMRG MRKT MULTIFACT / FDEM FAQ
Can you provide the ChartMill technical rating for FIDELITY EMRG MRKT MULTIFACT?
ChartMill assigns a technical rating of 10 / 10 to FDEM.
What is the trend direction for FDEM stock?
The current trend direction for FIDELITY EMRG MRKT MULTIFACT (FDEM) is Bullish.
What is the RSI signal for FIDELITY EMRG MRKT MULTIFACT (FDEM) stock?
FIDELITY EMRG MRKT MULTIFACT (FDEM) has an RSI value of 78.7982. This indicates that the stock is currently overbought.
What is the short term momentum for FIDELITY EMRG MRKT MULTIFACT (FDEM) stock?
The short term momentum for FIDELITY EMRG MRKT MULTIFACT (FDEM) is positive.
What are the support and resistance levels for FIDELITY EMRG MRKT MULTIFACT (FDEM) stock?
FIDELITY EMRG MRKT MULTIFACT (FDEM) has a support level at 32.76. Check the full technical report for our detailed analysis of FDEM support and resistance levels.